ST Alpha - "can you explain what they mean by "closely held" stock corps? Is that a real thing, or just something from the decision? -- nm" (Reading a Post)

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can you explain what they mean by "closely held" stock corps? Is that a real thing, or just something from the decision? -- nm

Posted by colin (aka colinski) Jul 1 '14, 06:40

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Responses:

[deleted] 1
- Corporations are people, my friend. -- nm - Mop (205 lbs) Jul 1, 07:07
[deleted]
It's a tax rule. Basically 50% or more owned by one family with no outside investors. - spamlet Jul 1, 06:44 7
- [deleted] 6
  - I truthfully didn't read the decision, but to say that the concept of closely held corporation doesn't exist is flat wrong. - spamlet Jul 1, 06:49 5
    - [deleted] 4
      - Spammy didn't say that. Colin asked if closely held was a real thing or not, and spammy answered. -- nm - Inigo Jul 1, 06:56 2
        
        [deleted] 1
        
        I was giving the benefit of the doubt that there was reasoning behind it (however nebulous). -- nm - spamlet Jul 1, 07:10
      - [deleted]

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